VESTRE TORSRØD BORETTSLAG

3256 LARVIK

Finances

Share Ownership

Return on Equity

5,33 %

Current Ratio

5,31

Debt-to-Equity Ratio

0,57

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 396 000	2 269 000	2 156 000	2 071 000
Net Income	435 000	594 000	611 000	507 000
Total Assets	13 125 000	12 895 000	12 769 000	12 275 000
Total Equity	8 156 000	7 722 000	7 128 000	6 517 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 396 000	2 269 000	2 156 000	2 071 000
Expenditure	1 647 000	1 391 000	1 265 000	1 271 000
Operating Profit	488 000	632 000	664 000	585 000
Financial Income	1 000	2 000	3 000	6 000
Financial Costs	55 000	41 000	57 000	84 000
Financial Balance	−54 000	−39 000	−54 000	−78 000
Earnings Before Tax	697 000	840 000	837 000	722 000
Tax	0	0	0	0
Net Income	435 000	594 000	611 000	507 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 241 000	11 139 000	10 935 000	10 935 000
Total Current Assets	1 885 000	1 756 000	1 834 000	1 340 000
Total Assets	13 125 000	12 895 000	12 769 000	12 275 000
Total Retained Equity	8 150 000	7 716 000	7 122 000	6 511 000
Total Equity	8 156 000	7 722 000	7 128 000	6 517 000
Total Long-Term Debt	4 614 000	4 929 000	5 244 000	5 540 000
Total Current Debt	355 000	244 000	397 000	218 000
Total Equity and Debt	13 125 000	12 895 000	12 769 000	12 275 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 396 000	2 269 000	2 156 000	2 071 000
Other Income	0	0	0	0
Revenue	2 396 000	2 269 000	2 156 000	2 071 000
Cost of Goods Sold	0	0	0	0
Salary Costs	96 000	93 000	73 000	75 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 647 000	1 391 000	1 265 000	1 271 000
Operating Profit	488 000	632 000	664 000	585 000
Financial Income	1 000	2 000	3 000	6 000
Financial Costs	55 000	41 000	57 000	84 000
Financial Balance	−54 000	−39 000	−54 000	−78 000
Dividends	0	0	0	0
Net Income	435 000	594 000	611 000	507 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	11 241 000	11 139 000	10 935 000	10 935 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	11 241 000	11 139 000	10 935 000	10 935 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	11 241 000	11 139 000	10 935 000	10 935 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 885 000	1 756 000	1 834 000	1 340 000
Total Current Assets	1 885 000	1 756 000	1 834 000	1 340 000
Total Assets	13 125 000	12 895 000	12 769 000	12 275 000
Total Equity	8 156 000	7 722 000	7 128 000	6 517 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 614 000	4 929 000	5 244 000	5 540 000
Creditors	328 000	232 000	384 000	195 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	27 000	12 000	13 000	22 000
Total Current Debt	355 000	244 000	397 000	218 000
Total Equity and Debt	13 125 000	12 895 000	12 769 000	12 275 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,33 %	7,69 %	8,57 %	7,78 %
Debt-to-Equity Ratio	0,57	0,64	0,74	0,85
Operating Profit Margin	20,37 %	27,85 %	30,8 %	28,25 %
Current Ratio	5,31	7,2	4,62	6,15
Quick Ratio	5,31	7,2	4,62	6,15
Equity Ratio	0,62	0,6	0,56	0,53
Gross Profit Margin	100 %	100 %	100 %	100 %